Frank’s International NV (NYSE:FI) was down 2.5% on Wednesday . The company traded as low as $12.31 and last traded at $12.39, with a volume of 315,184 shares trading hands. The stock had previously closed at $12.71.

A number of equities research analysts have recently weighed in on FI shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $18.00 target price (up previously from $15.00) on shares of Frank’s International NV in a research note on Thursday, April 28th. TheStreet raised shares of Frank’s International NV from a “sell” rating to a “hold” rating in a research note on Friday, May 27th. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Frank’s International NV in a research note on Thursday, June 2nd. KLR Group reaffirmed a “buy” rating and set a $22.00 target price on shares of Frank’s International NV in a research note on Wednesday, June 15th. Finally, JPMorgan Chase & Co. started coverage on shares of Frank’s International NV in a research note on Wednesday, June 22nd. They set a “neutral” rating and a $13.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $15.20.

The company has a 50 day moving average price of $13.46 and a 200 day moving average price of $14.90. The company’s market capitalization is $1.93 billion.

Frank’s International NV (NYSE:FI) last announced its quarterly earnings data on Thursday, July 28th. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.13. During the same period in the prior year, the firm earned $0.14 earnings per share. The company had revenue of $121 million for the quarter, compared to analysts’ expectations of $142.41 million. The firm’s revenue was down 52.4% compared to the same quarter last year. Equities research analysts anticipate that Frank’s International NV will post ($0.39) EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Wednesday, August 31st will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Monday, August 29th.

In related news, major shareholder Donald E. Mosing acquired 41,000 shares of the firm’s stock in a transaction that occurred on Friday, August 5th. The stock was purchased at an average cost of $12.15 per share, with a total value of $498,150.00. Following the transaction, the insider now directly owns 91,000 shares of the company’s stock, valued at approximately $1,105,650. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

A hedge fund recently raised its stake in Frank’s International NV stock. Morgan Stanley increased its stake in shares of Frank’s International NV (NYSE:FI) by 26.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 729,717 shares of the company’s stock after buying an additional 154,393 shares during the period. Morgan Stanley owned 0.47% of Frank’s International NV worth $12,179,000 at the end of the most recent quarter.

Frank’s International N.V. is a provider of engineered tubular services to the oil and gas industry. The Company operates through three business segments: International Services, U.S. Services and Tubular Sales. The Company provides services to exploration and production companies in both offshore and onshore environments, with a focus on technically demanding wells.

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